HAL, Zomato, Tata Motors, YES Bank, NESCO, GR Infra, CRISIL and more: Top stocks to watch out for on December 13 – CNBC TV18
SUMMARY
Stocks to watch, HAL, Zomato, Tata Motors, YES Bank, NESCO, Bajel Projects and more, these are the stocks to watch for today.
Zomato | Food delivery aggregator said it has received an order from the Joint Commissioner of CGST & Central Excise, Thane Commissionerate, Maharashtra, demanding ₹401.7 crore in goods and services tax (GST) for the period between October 29, 2019, and March 31, 2022. The order, passed on November 12, 2024, also includes a penalty of the same amount, totalling ₹803.4 crore in demand, along with applicable interest.
Tata Motors | India’s largest Commercial Vehicle manufacturer announced that it will increase the prices of its CVs starting January 1, 2025. Tata Motors has announced a price hike of up to 2% across its truck and bus portfolio. The price increase will vary across individual models and variants but will apply across the entire range of trucks and buses. Prices will be hiked to offset the rise in input costs, Tata Motors said in an exchange filing.
YES Bank | Private sector lender said the Reserve Bank of India (RBI) has approved the appointment of Manish Jain as executive director (whole-time director) of the bank for a period of three years, effective from December 11, 2024, to December 10, 2027. This approval follows the earlier resolution by YES Bank’s board of directors, which had appointed Jain as an additional director and executive director, subject to RBI clearance.
NESCO | Diversified firm said it has been declared the highest bidder by National Highways Logistics Management Ltd (NHML) for the development, operation, and maintenance of wayside amenities along the Hyderabad-Vishakhapatnam Expressway in the Khammam-Devarapalle section. Under the terms of the agreement, NESCO Ltd will develop, operate, and maintain wayside amenities across four sites on a lease basis for a period of 30 years, with the option to extend for an additional 30 years through a first right of refusal.
Bajel Projects | The company said it has been awarded a supply of goods and services contract by Solapur Transmission Ltd, a project company of Torrent Power Ltd, for the establishment of a new 400/220 KV Solapur substation in Maharashtra. The contract includes design, engineering, manufacturing, supply, erection, civil work, testing, and commissioning for the 400/220 KV substation and the establishment of two 400 KV line bays at Power Grid Solapur.